Tech Company Financing Transactions
Xfire Funding Round
Xfire closed a $3 million funding round on 5/22/2012. Backers included IDM Venture Capital.
Transaction Overview
Company Name
Announced On
5/22/2012
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
IDM Venture Capital (Denis Gamobramov)
Proceeds Purpose
The new funding will aid the company in integrating Chinese character support to the application's in-game chat, helping millions of hardcore gamers in Asia improve their gaming experiences with native support for Xfire and its suite of tools.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
200 Middlefield Rd. 200
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Not Recorded
Overview
Xfire is a new, free tool that automatically keeps track of when and where gamers are playing PC games online and lets their friends join them easily.
Management Team
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Prev: 5/22/2012: FitOrbit venture capital transaction
Next: 5/22/2012: Gen9 venture capital transaction
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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